CIOs have a major role to play in preparing businesses for the impact that artificial intelligence (AI) will have on business strategy and human employment, according to Gartner. They predicts that by 2022, smart machines and robots may replace highly trained professionals in tasks within medicine, law and IT.
Dell EMC announced the results of a new study conducted by Enterprise Strategy Group (ESG). The study revealed that a majority of senior IT leaders and decision-making managers of large companies surveyed around the world indicate their organizations have yet to fully embrace the aspects of IT Transformation needed to remain competitive.
Toshiba temporarily canceled all meetings and decisions related to the sale of its memory chip business to address concerns raised by an industry partner Western Digital, according to Bloomberg citing people familiar with the matter.
Ericsson will book as much as 15 billion kronor ($1.7 billion) in extra costs in the first quarter as new CEO Borje Ekholm cuts back the wireless network maker after four straight quarters of declining revenue, according to Bloomberg.
Mobile World Capital Barcelona (MWCapital) have gathered more than 130 companies from traditional industry sectors through its GoingDigital programme between 27 February and 1 March within the framework of GSMA Mobile World Congress and 4YFN.
Most healthcare CEOs believe it’s harder for businesses to gain and keep trust in the digital world, citing cyber threats as a growing concern and breaches in data security and ethics as the number one risk to stakeholders’ trust.
Tata Communications Transformation Services Limited (TCTSL) has launched the digital transformation roadmap at Mobile World Congress. The idea behind that report is to enable Communication Service Providers (CSPs) to derisk their transformation journey.
British technology startups are beginning to stress out over Brexit, according to Bloomberg. Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for a bevy of challenges.
Apple has hired Timothy Twerdahl, the former head of Amazon’s Fire TV unit, as a vice president in charge of Apple TV product marketing and shifted the executive who previously held the job to a spot negotiating media content deals, according to Bloomberg. The move suggests a renewed focus on the Apple TV and on providing more content for the device, an effort that has been stalled in the past by failed negotiations.
Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital threats as serious risks, a report showed.
Alphabet re-hired Yoky Matsuoka to oversee technology at its Nest Labs smart home unit, snapping up the robotics and artificial intelligence expert after she recently left Apple, according to Bloomberg. As Chief Technology Officer, Matsuoka will work closely with Nest's engineering and product teams to define a long-term technology roadmap.
Microsoft is asking U.S. officials to grant exceptions for law-abiding, visa-holding workers and students from President Donald Trump’s immigration order, channeling the outrage expressed by many in the technology industry with a proposed solution, according to Bloomberg.
Siemens introduced Jim Hagemann Snabe, a 51-year-old veteran of software house SAP, as its next chairman, scheduled to take effect next January, according to Bloomberg. The move makes sense as Siemens seeks to adapt its 19th-century industrial heritage to the 21st century, says William Mackie, an analyst at Kepler Cheuvreux who rates the company a buy.
Canada’s technology community is urging Prime Minister Justin Trudeau to snap up industry workers caught in U.S. President Donald Trump’s sweeping border crackdown, saying embracing diversity drives innovation and the economy, according to Bloomberg.
Amazon revealed plans to hire more than 100,000 people in the U.S. in the next 18 months, grabbing the spotlight as President-elect Donald Trump pushes companies to employ more Americans, according to Bloomberg. The move could appease Trump, who tangled with Amazon CEO Jeff Bezos during the election campaign.
At the end of last year, Gartner estimated that 25 percent of large global organizations had already hired a chief data officer (CDO). By 2019, Gartner expects that number to reach 90 percent. "This rapid shift is the tip of the iceberg," said Ted Friedman, research vice president and distinguished analyst at Gartner, and summit chair for the Gartner Data & Analytics Summits.
The video-sharing site Vimeo, which predates YouTube, will join the crowded online-TV market, according to Bloomberg. Vimeo will soon introduce an on-demand video service akin to Netflix and Hulu, and is lining up TV shows and staff it hopes will convince people to cough up a monthly fee for yet another TV subscription. “We’re going to spend real money on programming for the first time ever, and put real marketing money behind it," IAC Chief Executive Officer Joey Levin said in an interview at CES in Las Vegas.
Apple wants India to offer tax concessions on iPhones that the company plans to manufacture in the country, according to Bloomberg. The company wrote to the industry ministry last month seeking lower import and manufacturing duties, a person with knowledge of the matter said, asking not to be identified. The concessions should continue even after the government rolls out its goods and services tax which is expected to subsume all existing tariffs, the person said.
The second major hack of Yahoo user accounts is unlikely to derail Verizon Communications Inc.’s $4.83 billion acquisition of the tech giant, with investors and the public becoming inured to near-daily disclosures of cyberattacks, according to Bloomberg.
Ericsson is considering cutting about 1,000 jobs in Italy, about a quarter of its local workforce, after losing out on a contract to manage the country’s largest wireless network, according to Bloomberg. The Swedish company wasn’t selected to merge and run the network of CK Hutchison and VimpelCom, said the people, who asked not to be identified because the deliberations are private.
RTB House, a tech company specializing in sophisticated retargeting scenarios and operating worldwide, has appointed two new Country Managers in Western Europe. The move is expected to strengthen its position in Spain, Portugal and Benelux as a leading retargeting service provider. As Country Managers, Monica Ibarbia will coordinate operations in Spain and Portugal, while Cyril Westerhof manages activities in Benelux.
Alphabet is separating its self-driving car project into a new business called Waymo, seeking to sharpen its focus on changing the transportation industry, according to Bloomberg. John Krafcik, chief executive officer of Waymo, announced the move at an event in San Francisco. The company has been developing autonomous vehicle technology for more than six years, as part of its X research lab. Waymo is emerging from this research phase as a standalone business owned by Alphabet.
New Member of the Management Board and Chief Technical and Information Officer (CTIO) of Hrvatski Telekom, the biggest Croatian telecom operator, is Boris Drilo and he received this position for a three-year period commencing as of 1 January 2017. He was appointed by the Supervisory Board of Hrvatski Telekom.
Samsung Group’s de-facto leader Jay Y. Lee said he’s willing to dismantle the central office that coordinates the South Korean conglomerate’s various businesses, according to Bloomberg. “If the public and lawmakers have negative perceptions toward it, I will eliminate it," Lee said during a parliamentary hearing of the nation’s tycoons.
After turning Starbucks into the world’s largest coffee chain, Chief Executive Officer Howard Schultz will hand the reins to a lieutenant who could solidify its role as a technology company, according to Bloomberg.
Samsung didn’t quite come out and actually say it, but South Korea’s most valuable company is probably going to split as soon as next year, according to Bloomberg. Samsung said it’s looking at a plan to turn itself into a holding company, and would have more to say on the issue at a later date.
Microsoft will tie executive bonuses to workforce diversity goals after the company saw a second consecutive year of declines in the percentage of women employees, owing to its exit from the phone handset market, according to Bloomberg.